Show BIG DENVER FAILURE Savings Association in the Hands of ofa ofa ofa a Receiver Denver Dener Colo Cole July 1 IThe The Fidelity Savings association Sixteenth street went into the hands bands of a receiver er today Liabilities are placed at at 1 1 and Attorney J C Helm has been made receiver r B E M 31 Johnson John on president and manager of the Institution Institution Institution tion said tonight u u Our may I J think our assets trill MIl balance Ce them themI I do not care to go tutu Into a discussion of ot the question now n oW and nd must have time to investigate J t believe we will willbe willbe Ill be able to straighten out our difficulties difficulties ties and keep our business The directors of or the institution are areE areE areE E M Johnson E B W Smith A H Partridge J I 3 Jones all aU of Denver and M 31 B Johnson of or Texas The failure is due to Ioan made in Texas and in Louisiana Loul iana swamp timber timberlands timberlands lands fully 80 per cent of the loans of the association having been made in those two states |